Edelweiss Financial Services Limited

rs,

EW/Sec/2023-24/55 May 26, 2023 BSE Limited P J Towers, Dalal Street, Fort, Mumbai – 400 001. National Stock Exchange of India Limited Exchange Plaza,

30%

apital raise in Nuvama NCLT order received and made effective for Phase II demerger scheme Allot 30% EFSL holdings to of Shareholders Edelweiss Listing of Nuvama Wealth Management NCLT order receiv

30 %

Completed Completed June 10, 2023 By Jul / Aug 2023 6 Nuvama’s shareholding post demerger 14 30 % Shareholding 56 Edelweiss PAG Shareholders of Edelweiss 7 Contents 1 2 Nuvama Demerger: Ra

80%

Platform Only established player straddling across Affluent to UHNI client segments, constituting 80% of market wealth A high growth company with diversified and superior quality of earnings Solution

11 Lakh

ings Solution oriented approach with the exhaustive suite of offerings $27,391 Mn Client Assets 11 Lakhs Client Reach 9 Well scaled with robust performance across key metrics $275 Mn Net Worth (FV

26%

luding non-recurring demerger expenses is $45 Mn 10 Healthy growth over the last 2 years CAGR of 26% CAGR of 21% Net Revenue Client Assets CAGR of 14% Client Reach $ Mn $ Mn # 183 27,391 1

21%

curring demerger expenses is $45 Mn 10 Healthy growth over the last 2 years CAGR of 26% CAGR of 21% Net Revenue Client Assets CAGR of 14% Client Reach $ Mn $ Mn # 183 27,391 11,00,000 115

14%

Healthy growth over the last 2 years CAGR of 26% CAGR of 21% Net Revenue Client Assets CAGR of 14% Client Reach $ Mn $ Mn # 183 27,391 11,00,000 115 18,853 8,50,000 Mar 21 Mar 23 Mar 2

11%

ty  Financial wealth would continue to grow rapidly  Wealth will grow to reach $9.7 tn by 2025 (11% CAGR - o Bank deposits have doubled every ~4.5 years over last 2 decades 10 years)  Investmen

10%

en faster driven by value migration o Estimated 10-year CAGR (FY15 - FY25) for Bank Deposits is 10% vs Investment asset class (Equity, MF, AIF, etc.) is 15%  Rising formal penetration will multiply

15%

r CAGR (FY15 - FY25) for Bank Deposits is 10% vs Investment asset class (Equity, MF, AIF, etc.) is 15%  Rising formal penetration will multiply the opportunity (Present: India-14%, US-75%) o AUM of

75%

, etc.) is 15%  Rising formal penetration will multiply the opportunity (Present: India-14%, US-75%) o AUM of Top 3 players as % of GDP: USA-40% vs India-5%   # HNIs/UHNI estimated to grow 1.7x

DISCLAIMER

1

DISCLAIMER

This presentation and the discussion may contain certain words or phrases that are forward - looking statements, which are tentative, based on current expectations of the management of Edelweiss Financial Services Ltd. or any of its subsidiaries and associate companies (“Edelweiss”). Actual results may vary from the forward-looking statements contained in this presentations due to various risks and uncertainties. These risks and uncertainties include the effect of economic and political conditions in India and outside India, volatility in interest rates and in the securities market, new regulations and Government policies that may impact the businesses of Edelweiss as well as the ability to implement its strategy. The information contained herein is as of the date referenced and Edelweiss does not undertake any obligation to update these statements. Edelweiss has obtained all market data and other information from sources believed to be reliable or are its internal estimates unless oth